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melisa1 [442]
3 years ago
10

Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa

rty commits a material breach of the contract that creates damages difficult to esti-mate but approximately $1,000." This is​:
Business
1 answer:
ASHA 777 [7]3 years ago
6 0

Answer:

A liquidated damages clause

Explanation:

A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.

Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.

In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.

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Lindsey’s college will cost her a total of $6,000 a year for the next 3 years. She is also foregoing making $26,000 a year at th
Alex_Xolod [135]

Answer: Lindsey's total investment in education is $18,000.

Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be  6000*3 = 18,000.

The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.


5 0
3 years ago
Read 2 more answers
The value of a forward or futures contract is: A) equal to the spot price at expiration. B) specified in the contract. C) typica
notsponge [240]

Answer:

C) typically zero at initiation.

Explanation:

The reason that their value is zero at initiation is that they are formed in a way that is neither beneficial for the short of the long party therefore they have a value of 0.

5 0
3 years ago
Based on the Capital Asset Pricing Model assuming the securities are correctly priced and given the following information, what
Savatey [412]

Th return on the market is 0.08.

<h3>What is the return on the market?</h3>

According to the capital asset pricing model, the expected return of an asset is a function of the risk free rate, beta and return on the market.

Expected return = risk free rate + (beta x return on the market)

0.087 = a + 0.74b

0.159 = a + 1.63b

Where:

a = risk free rate

b = return on the market

Subtract equation 1 from equation 2

0.072 = 0.89b

b = 0.072 / 0.89

b = 0.08

To learn more about beta, please check: brainly.com/question/17007831

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5 0
2 years ago
Government can be used to solve externality problems that are too costly for private parties to solve.
jok3333 [9.3K]
The government can be used to solve externality problem that are to costly for parties to solve THE ANSWER IS TRUE 

7 0
3 years ago
An expanding economy puts stress on the manufacturing ability of a company. When a firm turns business down during periods of ec
Len [333]

An expanding economy puts stress on the manufacturing ability of a company. When a firm turns business down during periods of economic expansion, a problem exists in the area of <u>capacity utilization</u>.

The capacity usage rate measures the proportion of a company's potential output this is truly being found out. The capability usage price of an organization or a national economy may be measured so one can provide perception into how nicely its miles reach their capacity.

Efficiency is commonly expressed as a percent of the actual output to the anticipated output. capacity usage, on the other hand, is a degree of ways well an organization makes use of its efficient capability. it's the relationship between capability or theoretical most output and the real production output.

Ability utilization is a degree of the extent to which the productive potential of a commercial enterprise is getting used by potential users may be calculated by way of: real. output / maximum output x a hundred. results of operating beneath capability.

<u></u>

Learn more about capacity utilization here: brainly.com/question/24203215

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5 0
1 year ago
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